Business Tips: Faster Decisions Crush the Pursuit of Accuracy | Inside 4Ds
Awesome Tip: Faster Decisions Crush the Pursuit of Accuracy | Inside 4Ds
In this business consulting session, Gary meets with a group of business owners and takes questions around decision making, organic reach, how to hire people and plenty of others. Gary gives a great explanation at the beginning of how he values the speed of making decisions over how accurate the decisions are and towards the end he shares what he believes is one of the biggest vulnerabilities to every business. Be sure to check the comments for the timestamps of all the interesting moments… Enjoy!
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TIMESTAMPS:
0:45 – How do I decide how to spend my time
15:35 – What do I look for in top talent?
19:00 – How to address high turnover
23:18 – TikTok is Manhatten 1898
28:38 – What type of brand should you build?
30:40 – The two places you can win
33:00 – How to get the word out on business
37:30 – The only 2 things left are the product and how its communicated
40:30 – The #1 reason why people go out of business
44:45 – Addressing TikTok isn’t my demographic
51:00 – Equipment quality does not matter
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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the globe. He’s a sought out public speaker, a 5-time New York Times bestselling author, and an angel investor in companies like Facebook, Twitter, Tumblr, Venmo, and Uber.
VaynerX, also includes Gallery Media Group, which houses women’s lifestyle brand PureWow and men’s lifestyle brand ONE37pm. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports, cannabis-focused branding and marketing agency Green Street and restaurant reservations app Resy. Gary is a board/advisory member of Ad Council and Pencils of Promise, and is a longtime Well Member of Charity: Water.
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44 Replies to “Business Tips: Faster Decisions Crush the Pursuit of Accuracy | Inside 4Ds”
TIMESTAMPS:
0:45 – How do I decide how to spend my time
15:35 – What do I look for in top talent?
19:00 – How to address high turnover
23:18 – TikTok is Manhatten 1898
28:38 – What type of brand should you build?
30:40 – The two places you can win
33:00 – How to get the word out on business
37:30 – The only 2 things left are the product and how its communicated
40:30 – The #1 reason why people go out of business
44:45 – Addressing TikTok isn’t my demographic
51:00 – Equipment quality does not matter
Love this behind the scenes look at your meetings my man. As always your advice is amazing.
Hey Gary I’ve been listening to you lately. Here’s my take away. I cut my Aparment from 4K a month to $1800. I got rid of my shop that I never use and put all my equipment into a storage unit. Fired a secretary that was not performing and getting rid of a jet ski. These moves alone save me over $100k a year. Let me tell you that right now it hurts. Hopefully it pays off because at this moment it does not feel that way.
Well, said, "Skill is a commodity". Will remember the point
"When times got rough I'm the kindness. I'm a war time general. The skills are commodities"
PREACHEEDDDD.
Isn't the cost of doing business in NY the same as or more than doing it California
Soaking in information as I'm working at my desk. You can learn anything given your interest and motivation in doing so.
What's your energy besides coffee? Sleep? Vegetables and fruits?… red bull ? :/
28:44 As an animator/ illustrator/ designer totally loved that bit (every freakin' single word of it. Could not have been said better). I was "suspecting" that with video hitting so hard in promotion and everything, animation should be liquid gold… Love to hear GaryVee confirming it.. and even more!. 🙂 Lovely. Animation is a super hard craft to master, but is absolutely important that it survives, and as a marketing superpower it certainly will !!! Motivation to go back to my animation loved apps ! 🙂 🙂 🙂
I moved to 3D and game art just because it did seem technology had killed 2D animation, just as I also thought it had killed traditionally drawn comic. Not the case in both matters, happily!. Today motion graphics is almost a must, those stylized illustration styles, animated have been thriving for a while, now in marketing and product explanation / presentation… And white board shorts for all sort of business matters… heck, those LOOK like animation, but are just a super clever usage of apps that take static illustrations and recreate them as if they were painted by a areal hand with a marker. And it looks GREAT while provided tons of minutes of content. It gets you hooked, no matter which boring matter is it talking about it, and the illustration does not even need to be detailed, just like what u'd do in a whiteboard, but of course, with pro skills in illustration.
Freaking interesting times, I tell ya.
Big Fan of Yours. I am 22. Gary Sir! I live in India and I am an SEO EXPERT I have talent but I don't have money to come at New York. I just love my New York so so so much. Please suggest me something that can help me to come at New York.♥️ Waiting for your reply. It's my dream to work in New York
"In order to keep credibility with your teammates, you have to acknowledge that you're wrong." Simply put but a real formula for genuine leadership.
250 page deck! What rubbish.
I love making cartoon and illustration. Gary, Thankyou for inspiring me to start my YouTube channel!
Love the content and free business advise in these 4ds
It's better to move (fast) than not to move at all.
37:07 "People hand us the business. That is how much top of the funnel brand we have."
Brand is Everything
"The secret to getting ahead is getting started." Mark Twain
It's so funny that Gary charges thousands for people to join this type of convo and then airs it for free for everyone. Hello Robinhood 😉
wait whats with the weird editing and muting? they dont want to show whatever the business is that they're talking about so we dont find out what the company is or just to try to make their consultation appear worth it? cause if this is the whole consultation I mean hes basically said all of this already on the internet so why pay for a consultation but thats all I can think of unless Im missing something?
tiktok is 1898? Someone suggested said platform to me cause its relevant for my industry, I was there some time ago, wasn't for me at the time, however I have grown significantly, and on the cusp of ruin and folding, I find probably the only person I've truly looked up to in full, came out of sheer communication. I never gave tiktok the time of day since. However, because this is utmost the most powerful information on the internet, everything I don't fully agree with, because I don't understand, or don't want to accept, and its hard to trust anyone I never gave anyone full control. Thats changed, I'm opening up and letting everything sink in, most of the foundation is already there, however sometimes it hits that sweet spot, of self reflection, where I wasted a-lot of time, and energy, rather then resisting, because I relate very heavily to this network and has earned my trust, very fast… I' m not resisting anything and letting it all sink in. The only option that makes sense, seeing as I'm starting from scraps again, a-lot of them actually. This is what my gut is forcing me to do, to stay in. Basically you've spoken to my soul, and I'm going to follow this sum of information blindly, without a doubt, to conserve that extra energy of second guessing. * unpausing, lets continue*
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@garyvee ~ so learning through our eff ups?!!
I've only watched the first 13 minutes and it's solid gold. It also represents value that is very difficult to convey in an Instagram or Tick Tock post, or any other social media platform except Youtube. This is why Youtube rules. It allows Gary to really cook. Youtube is the only platform that reveals Gary's true nature and the true value of his content. The first 13 minutes reveal why most people think incorrectly and will never be good at entrepreneurship (myself included). Entrepreneurship isn't a teachable skill. You either have it or you don't. Well, I guess you could be a bad entrepreneur…it's probably better than none at all. However, the idea of learning through doing and using action as the catalyst for all decisions…is valuable. Even if you're an over-cautious over-thinker, the more you move in the direction of "active learning" "active strategy" "active anything." The better off you will be. I wonder if there could be a demand for a course or a Keynote where Gary specifically drills down on this particular issue. It's a core issue that controls all others. It's almost as if this one thing has to be addressed before you can address anything else. I think Gary could spend all his time here, on this aspect of human nature and bringing awareness to it, and make a lot of money doing it. It's the unlock and you never really master it, you just dance with it, so you will always need to drink from this well. That means it could be monetized indefinitely.
Gary, I love what you are doing but everyone is insecure. There is no way to escape it. It's just a matter of what you do with that insecurity. You wouldn't be where you are if you weren't.
@34:04
talent is PEOPLE;. america has been sidelined. almost nothing gets manufactured anymore, this is the main reason, eveyrtihg is decliniing, peopple get weak, they are not manufacturing anything, the people are weak. in character. they are saddled wit debt. it depends the location,m theres crooks who are not manufacturing anything. none of these crooks has built their own house. others like brasil even mexico are stronger because they build things.
Years ago I asked my mom, how she was able to work as much as she did. (She used to work around the clock.) She told me she didn’t think about it, she just did which is the same idea you just referenced. I adopted this philosophy, deleted the word tired from my vocabulary and now, when necessary, I can work circles around most people!
I'm fast work fast finish fast think fast.
fucking love the first 5 mins of this. Thank you
Looking forward to see the animated Barkie Bark. lol. Great content as usual, so many gems. Cheers Gary
I Love love love Gary and his advice. I am FINALLY 100% listening. Posting 3 – 4 times a day on TikTok AND starting my podcast in January. 2020 is gonna be a KICK ASS YEAR!
9 seconds in an I am embarrassed with everyone's gasps at the "profound insight" of "spend the extra money to make something crazy that ppl want to take a photo with…". SHALLOW hahahaha
How to get to sit one on one with gary and ask question?
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This has to be the most valuable video EVER! Gary just threw so many golden nuggets at us, it's crazy how this is FREE! big thanks!!!!!!
29:57 "Your Job is so simple and extremely hard". ça, on s'en est rendu compte.
Ooo, I'm the 269 Comment! I love it!
Daily Marathon Energy! Thank you Gary!
I'm learning IG & SC right now. I just created a LinkedIn account now I'm fend to download TikTok and follow your 5hrs in 30/60 days advice. So I create content and post snippets of valuable info, no sale pitching? Just plug my brand thru consistency?
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Video packed with absurdly more actionable items than usual! Congrats 4Ds team or video editor on the result here. Gary, please also encourage your team to edit out some of your more "I " moments that people have heard so often such as, "the reason why I win…". You are great, but your other "motivational" videos have so much of your personality already. You can make your 4D videos even more compact.
As a consumer, affordability, convenience, functionality, and design are a few of the things that I value the most.
What kind of attributes should a person have to best define this type of strategy and make it work to its fullest potential?